The British financial weekly The Economist sees a relatively rosy future for Israel within a few months. Expressing more optimism than Israeli Finance Ministry officials, the paper predicts that the Israeli economy will grow by 2.6% in the coming year. The Economist credits Bank of Israel Governor David Klein's interest rate hikes earlier this year with stabilizing the shekel and slowing down inflation. Statistics released August 29th indicate early signs of a recovery in the Israeli economy.